NASDAQ$CDLX

Cardlytics Inc · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

Cardlytics' financial results were announced for the second quarter ended June 30, 2024.

Cardlytics reported a revenue of $69.6 million, a decrease of 9% year-over-year. The company's MAUs increased by 3% year-over-year, reaching 165.5 million, while ARPU decreased to $0.42. The company is focused on modernizing its platform and confident in long term growth.

  • Revenue was $69.6 million, a decrease of 9% year-over-year.
  • Billings were $110.4 million, an increase of 1% year-over-year.
  • Net Loss was $(4.3) million, or $(0.09) per diluted share.
  • Cardlytics MAUs were 165.5 million, an increase of 3% year-over-year.

Headline financials

Total Revenue

$69.6M

Previous: $76.7M-9.2%
EPS

-$0.09

Previous: -$0.24+62.5%
Billings

$110M

No prior period
Adjusted Contribution

$36.4M

No prior period
Adjusted EBITDA

-$2.29M

No prior period
MQUs

188.8M

No prior period
ACPU

$0.16

No prior period
Capital Expenditures

-$932K

Previous: -$342K-172.5%
Free Cash Flow

-$5.19M

Previous: -$23.9M+78.2%
Net Income

-$4.26M

Previous: -$23.5M+81.9%
Operating Income

-$15.8M

Previous: -$24.3M+35.0%
Gross Profit

$69.6M

Previous: $76.7M-9.2%
Cash & Equivalents

$71.2M

Previous: $92.1M-22.6%
Total Assets

$534M

Previous: $633M-15.6%
R&D Expense

$13.5M

No prior period
Stock-Based Comp

$12.6M

Previous: $11.7M+7.7%

Revenue & EPS history

Cardlytics · Revenue · Quarterly

$69.6M

Q2 2024-9.2%vs Q2 2023
Beat estimate in 9 of 14 quarters(64%)
ActualEstimate

Forward guidance

Cardlytics anticipates Billings, Revenue, Adjusted Contribution and Adjusted EBITDA to be in the following ranges for Q3 2024.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2024

Historical avgQ2 2024

-6.1%

Avg return

Earnings day

-6.2%

Avg return

5 days after

+14.5%

Avg return

30 days after

47%

16 / 34 earnings

Positive

+68.6%

Q4 2023

Best reaction

-59.6%

Q2 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.0%-15.0%+654.7%
Q4 2025-9.9%-21.8%+25.6%
Q3 2025-28.5%-16.5%-37.5%
Q1 2025-13.0%-2.8%-17.1%
Q4 2024+4.5%+18.7%-25.3%
Q3 2024-13.2%-3.0%-15.8%
Q2 2024-59.6%-51.9%-53.1%
Q1 2024-39.8%-40.8%-43.4%
Q4 2023+68.6%+64.0%+57.8%
Q3 2023-55.7%-47.6%-40.1%
Q2 2023+15.7%+21.2%+42.8%
Q1 2023-26.0%-29.4%-29.9%
Q4 2022-10.8%-9.4%-37.7%
Q3 2022-52.2%-51.2%-52.9%
Q2 2022+18.3%+10.6%-7.6%
Q1 2022+10.2%-8.5%-24.2%
Q4 2021+5.7%-7.1%-5.2%
Q3 2021+6.7%+8.3%-20.4%
Q2 2021-32.5%-29.2%-22.3%
Q1 2021-20.6%-24.8%-24.2%
Q4 2020+1.2%-3.3%-17.2%
Q3 2020+2.9%+22.7%+56.5%
Q2 2020-9.1%-8.9%+0.8%
Q1 2020+13.0%+8.9%+50.9%
Q4 2019-36.4%-43.7%-64.3%
Q3 2019+43.6%+42.9%+44.4%
Q2 2019+20.0%+24.1%+39.8%
Q1 2019+20.9%+14.8%+47.1%
Q4 2018-5.6%-11.7%-7.2%
Q3 2018-24.9%-19.9%-29.3%
Q2 2018+0.3%+3.0%+27.3%
Q2 2017+0.3%+3.0%+27.3%
Q1 2018-1.0%-7.4%+6.5%
Q4 2017+1.0%+0.5%-13.6%
Q3 2017
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016

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